A big debt crisis is (again) looming high on Greece. The
country is paddling with many economic problems, including lower GDP and poor
Germany’s Bavarian Finance Minister Markus Soeder said that
“Greece is unlikely to survive in the Eurozone over the long term.”
Will Greece leave EU is uncertain. Different commentators on
different platforms share different views and opinions. Some say that the
country is desperately trying to stick with the EU; others believe that Greece
is considering leaving the euro in favor of the US dollar.
Much like anything, even this proposal – should Greece exit
the European Union – have pros and cons. Some argue that leaving the euro and
introducing its own currency can strengthen its export and tourism, and discourage
expensive imports. This would eventually help it get out of the debt problems
On the other hand, people against Grexit say that it would
bring hardship on the people of Greece, as their consumption and wealth would decline.